As cyber threats to the banking industry evolve, the information security risk to financial institutions matures. Financial services organizations recognize the changing security landscape and cite avoiding data breaches as their primary mandate, with banking compliance becoming their second most important driver.
Extremely sensitive and valuable data resides in the financial services sector—everything from personally identifiable information (PII) to check routing data to global stock and investment algorithms.
The loss of this data and intellectual property has a major effect on a banks brand reputation and customer loyalty. When consumers and business customers place their trust and their money in your institution, your reputation for information security is paramount.
There are several basic requirements financial organizations are mandated to follow pertaining to the standards of Government Agency circulars.
SynTechNX helps these organizations that are looking for the mandates but are not able to quantify and/or qualify the implementation and documentation of these guidelines.SyntechNX provides their clients with an Information Technology Assessment, Evaluation and updates to comply with Government agency guidelines.